22-02-2024
Business

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Emilio’s house was damaged in April by a falling tree. He carried $150,000 of insurance coverage on his home valued at $250,000. The damage was $20,000 and actual cash value of the damage is $18,000. Emilio had moved from the home and it remained unoccupied since January of the same year. Is the damage covered? Why or why not?

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